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Apr 1, 2010 6:00pm EDT
known for the mercedes-benz, has pleaded guilty to u.s. charges of bribery. it's agreed to pay a $185 million fine to settle the case. the manufacturer, which owned the car maker chrysler for a time, is accused of paying big kickbacks to secure sales of parts and vehicles. this from the bbc's caroline hepka. >> laughish trips to the u.s. and armored plated mercedes, and bribes daimler is accused of paying government officials in countries like china, india and iraq. but now the german car company wants to settle the allegations with u.s. authorities. a tiny -- says the 185 million fine daimler has agreed to pay u.s. authorities is sizable. >> i wouldn't call it onerous but i would say it's picking up. it's actually quite large when you consider in 2008, i think the largest fine to date was about $44 million. so it's also twice the amount of the alleged profits that were made from the illegal bribes. so it's significant. >> diamler-benz was called out by u.s. anti-corruption laws after it merged with detroit manufacturer chrysler in 1998. it was a chrysler auditor who first blew the wh
Search Results 0 to 0 of about 1